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Japan Times
01-05-2025
- Business
- Japan Times
Gee-whiz AI event in doubt as host accused of doing something not so bright
An artificial intelligence conference in which digital clones were to be introduced may have been canceled as the corporate host of the event faces accusations of accounting irregularities. Tokyo Stock Exchange-listed Alt is under investigation for overstating sales of its main product, an AI transcription service. The stock has lost almost three-quarters of its value since the probe was disclosed on Friday. The company is scheduled to hold a conference on May 16 in Nihonbashi, where CEO Kazutaka Yonekura will introduce the Personaloid, a new offering that uploads a digital version of a person so that the clone can handle routine tasks for the human. Two individuals with knowledge of the event, including one of the scheduled speakers, claim that the conference will not be happening. The website for the conference is still posted, and the company did not immediately respond to questions about the event. Alt was founded in 2014 and listed in October 2024 on Tokyo Stock Exchange's Growth Market at ¥540 a share. It traded as high as ¥823 a share in December. On its website, it bills itself as a personal artificial intelligence company. Its products and services include AI GIJIROKU, which can be used to transcribe online calls and video meetings, and CloneDev, a system for creating digital clones of users. As of December, Alt had 23 employees, each with their own AI clone for handling daily tasks, according to the company's website. The company reported ¥6 billion in sales in 2024 and has offices in Tokyo and California. The ¥10,000 per person conference — ONE REBIRTH - Digital revival and the destruction of 20 industries — is to include a number of speakers, including former digital minister Takuya Hirai, former MIT Media Lab director Joichi Ito and Sumitomo Mitsui Banking Corporation chief digital innovation officer Akio Isowa. Topics to be covered include practical applications of artificial consciousness and the uploading and downloading of consciousness. A panel discussion of how cloning technology will change employment, contracts and ownership will also be held. Attendees will be invited to create their own simplified digital clones with the submission of biometric data. Hirai uploaded a YouTube video of himself using CloneDev in October. In the video, Hirai asks his AI version whether digital clones can be used in medicine and caregiving. AI Hirai expounded on the potential uses of AI in medicine and in caring for the elderly. It noted that AI could help with loneliness. Dentsu Digital CEO Kou Takimoto took part in a CloneDev demonstration in 2023. On April 25, Alt disclosed that it has been under investigation by Japan's Securities and Exchange Surveillance Commission since early April for allegedly overstating sales generated by AI GIJIROKU. The company claimed 9,000 customers for the transcription service as of January. Alt reported that the service generated about 88% of the company's total revenue in 2024. Regulators have alleged that Alt 'excessively' inflated AI GIJIROKU sales and the number of paid subscriptions for the service. Alt has delayed the release of earnings, which was originally scheduled for May 14, and has assembled an independent panel of lawyers and accountants to review the accusations.

Associated Press
14-04-2025
- Business
- Associated Press
alt.ai obtains patent for technology that integrates multiple voice inputs into a single conversation record
Establishing intellectual property rights for high-precision digital conversation storage technology and promoting further development TOKYO, JAPAN, April 14, 2025 / / -- alt Inc. ( head office: Minato-ku, Tokyo; CEO: Kazutaka Yonekura) is pleased to announce the acquisition of a patent for a 'Program, System, and Method for Generating Conversation Records' that identifies speakers from voice inputs on multiple user devices and integrates them into a single conversation record. This patent establishes the technological foundation for efficiently recording and storing conversations in multi-device environments and was registered on March 21, 2025. The newly patented technology is a system that processes voice data sent from multiple user devices (such as smartphones and PCs), accurately identifies the speaker, and stores the data in an optimal format while eliminating duplicate information. At its core is technology that automatically determines whether the speaker of the voice data received from a specific user device is the user of that device, and stores data only from the most appropriate voice source. This makes it possible to properly organize and integrate voice data obtained from multiple input sources, and generate high-quality conversation records that eliminate redundancy. 【Patent Overview】 ・Title of Invention: Program, System, and Method for Generating Conversation Records ・Patent Number: No. 7653658 ・Publication Number: JP 2022-79366 (P2022-79366A) ・Patent Holder: alt Inc. ・Registration Date: March 21, 2025 (2025.3.21) Conventional conversation recording systems faced challenges such as overlapping recordings of audio from multiple microphones or incorrect recording of statements due to insufficient speaker identification accuracy. This patented technology fundamentally resolves these issues, achieving consistent and highly accurate conversation records even in complex multi-device environments. This patented technology is implemented in alt's voice recognition and meeting recording service, Communication Intelligence " AI GIJIROKU.' AI GIJIROKU, which enables high-precision minute-taking even in environments with multiple devices, has been adopted by more than 9,000 companies and educational institutions. The technology also supports high-quality lifelog collection, which is an essential step toward alt's goal of developing P.A.I. (Personal Artificial Intelligence). With the establishment of intellectual property rights through this patent acquisition, we will accelerate development toward further functional expansion and accuracy improvement. Going forward, we will promote the development of more intuitive and efficient communication platforms, improve the accuracy of P.A.I. through high-quality lifelog collection, and contribute to productivity improvement for people worldwide. We will also actively engage in collaborations with a range of business partners to make this technology widely available. ■About alt Inc. Founded in November 2014, alt is a company that 'aims to free people from unproductive labor' by creating 'P.A.I.' (Personal Artificial Intelligence) and AI clones. In addition to AI GIJIROKU, a communication intelligence that utilizes speech recognition technology born from the development of an AI dialogue engine, we also develop and provide products, such as altBRAIN, CLONEdev, and altTalk, that provide solutions to various business issues through PoC (Proof of Concept). Misako Nishizawa alt Inc. email us here Visit us on social media: Facebook X LinkedIn YouTube Other Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.